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by TuringNYC 504 days ago
>> FYI: It takes between 3-12 months to find a contract in the UK in the IT space now.

Is that because the market rates have changed? I'm in the US and there is definitely a rate-filltime curve. At a certain rate, filltimes become almost immediate, because it makes sense to just hire for option value. However, at 2021 rates, I can see that filltime would be long. (NOT saying that the market clearing rates are actually living wages for on-site positions, but thats the challenge of an inflationary market with employer advantage.)

Or is there some regulatory barrier (e.g. mandatory notice periods?)

1 comments

Most contract jobs went to big consultancies who benefitted from a change in legislation related to contracting. That resulted in lowering of contract rates at first, then shipping large numbers of offshore contractors to the UK from non-EU countries, and finally to roles being moved offshore altogether. A lot of UK contract roles are no longer advertised in the UK, but offshore. It's so bad that offshore recruiters are now seeking UK-based contractors for remote EU roles. UK politicians allowed a massive takeover of IT roles by offshore consultancies, recruiters, and contractors.